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AO Cannot Reject Assessee’s Chosen Rule 11UA Valuation Without Defect: ITAT Delhi

SEO Expert July 17, 2026

ITAT Delhi upheld deletion of Section 56(2)(viib) addition, holding the provision applied on share allotment and the assessee could choose the Rule 11UA valuation method.

The post AO Cannot Reject Assessee’s Chosen Rule 11UA Valuation Without Defect: ITAT Delhi appeared first on TaxGuru.

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Previous: Share Valuation Must Follow Rule 11UA Applicable for Relevant AY: Delhi HC
Next: Interest on Delayed Sales Tax, Service Tax & PF Payments Deductible; TDS Interest Disallowed: Patna ITAT

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